Dabur’s FMCG business ended Q2 of 2016-17 with a volume growth of 4.5%. In an interview with Mint, Dabur India‘s vice-chairman Amit Burman, discussed his vision for the company.
Some quotes by Amit Burman made during the interview:
We have been selling Ayurvedic and natural products for more than 130 years. Our products are based on scientific research based on old Ayurvedic knowledge. With time, more people will turn to science-based Ayurveda from faith-based Ayurveda. Innovation and efficient communication will definitely help us in staying ahead in the curve.
The focus on international markets should increase. Our aim is to make Dabur a multinational from India. That’s the long-term goal we have been working on.
Hunger for acquisitions should grow. There’s a limit on how much you can grow organically. Mergers and acquisitions are the route for faster growth.
Healthcare is one area that would be very big in future. Everything, even food, should have a health focus. These are not new areas but enhanced focus on these will ensure faster growth.
